Current:Home > FinanceHalf of Southern California home on sale for 'half a million' after being hit by pine tree -TradeSphere
Half of Southern California home on sale for 'half a million' after being hit by pine tree
SafeX Pro Exchange View
Date:2025-04-06 22:58:25
Half of a Southern California home is on the market for half a million dollars and potential buyers are flocking to own the unusual residence.
The 645 square foot one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, is listed for $499,999. The home, which was built in 1921, remains intact after a "gigantic" stone pine tree fell on it in May, Realtor Kevin Wheeler told USA TODAY.
"It's half a house for half a million," Wheeler said about the growing interest in the home. "That's what everybody is reacting to."
When the tree struck the home, luckily neither of the two owners was killed, according to Wheeler.
"There weren't a lot of places you could be without getting hit by the tree, and they happened to be just at the right spot to miss it," he said.
'We've had several good offers'
Although the home is only partially standing, the demand to buy it remains high due to the housing inventory in the area being scarce, according to Wheeler.
The home has only been on the market for about a week, he said.
"We've had several good offers," the realtor said. "If it wasn't for the attention that it's getting, it would be under contract right now."
Half of the home being destroyed prompted its owners to sell rather than pay hundreds of thousands of dollars to rehab it, the realtor said.
"They're older and they don't got the gas in the tank," Wheeler said about the owners. "They thought that it'd be better for them just to move on."
Would the home be worth $1 million if it was whole?
While many could conclude that if the home was whole then it would be worth $1 million, but Wheeler said that is not the case.
"There was a home on the same street that sold at the end of June for $900,000," according to the realtor. "That house was new construction."
The belief is that whoever buys the home will leave one wall and the rest of it will be new construction, Wheeler said.
"They'll probably make it a little bigger," he said.
Potential buyers have even come to Wheeler and said they planned on putting 1,000 more square feet on the house, the realtor said. Those interested in buying the home may only have a "couple more days" as Wheeler plans on leaving it on the market a tad bit longer, he added.
veryGood! (394)
Related
- Current, future North Carolina governor’s challenge of power
- The Killers apologize for bringing Russian fan on stage in former Soviet state of Georgia
- The Killers booed in former Soviet republic of Georgia after bringing Russian fan onstage
- Former district attorney in western Pennsylvania gets prison time for attacking a woman
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Police search for person who killed 11-year-old girl, left body in her suburban Houston home
- Bruce Springsteen forced to postpone Philadelphia concerts with E Street Band due to illness
- Pilots made errors before crash near Lake Tahoe that killed all 6 on board, investigators say
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Heavy rain and landslides have killed at least 72 people this week in an Indian Himalayan state
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Man who was a minor when he killed and beheaded a teen gets shorter sentence
- Paramount decides it won’t sell majority stake in BET Media Group, source tells AP
- Three-time Stanley Cup champ Jonathan Toews taking time off this season to 'fully heal'
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- A large ice chunk fell from the sky and damaged a house in Massachusetts
- FOMC meeting minutes release indicates the Fed may not be done with rate hikes
- Barbie rises above The Dark Knight to become Warner Bro.'s highest grossing film domestically
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
'Suits' just set a streaming record years after it ended. Here's what's going on
Rudy Giuliani's former colleagues reflect on his path from law-and-order champion to RICO defendant: A tragedy
Progress toward parity for women on movie screens has stalled, report finds
A White House order claims to end 'censorship.' What does that mean?
NBA Christmas Day schedule features Lakers-Celtics, Nuggets-Warriors among five games
Investment scams are everywhere on social media. Here’s how to spot one
Move over David Copperfield. New magicians bring diversity to magic.